Rare investment opportunity to purchase an excellent cash flow building with upside potential in a great location. Short walk to restaurants and shops! 6-Unit multifamily property located at the corner of Riverside and Rhodes in Valley Village. Upgraded building consisting of 4-1 bedroom and 2-2 bedroom units. 5 carports and one uncovered parking. Well maintained with upgrades in last 15 years including: All new electrical, stucco, roof, copper plumbing, windows, kitchen tile. 4 units are equipped with wall unit air conditioners and 2 have split system central a/c units. Onsite laundry for added income. Great upside potential in rents. Currently 100% Occupied. Excellent First Time Investor and/or Owner-User Opportunity.
Multi-familyProperty Type
1954Year Built
6,153 sq ftLot Size
$310Price/Sq.Ft.
6 spacesParking
Listed by Joan Duffy•DRE #00525687• Sotheby's International Realty
Listed by Daniel Crisci•DRE #01345509• The Firm Realty
Bought with Cesar Gonzalez•DRE #01864871• Cesar Gonzalez Real Estate Br
Location!Location!Location! Short walk to restaurants, shops! 6-Unit multifamily property located at the corner of Riverside and Rhodes in the Valley Village area of Los Angeles. Upgraded building consisting of 4-1 br and 2-2br units. 5 carports and one uncovered parking. Upgrades in last 15 years include: Stucco, roof, copper plumbing, windows, kitchen tile. 4 units are equipped with wall unit air conditioners, 2 have split system central a/c units. Onsite laundry for added income. Upside potential in rents. Currently 100% Occupied. Any references to square footage and expenses are estimated and buyer should independently verify.
Public Records
Jun 26, 1998
Sold
$300,000
$73/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$19,696 (+1.2%)
$894,016 + $700,204
$1,594,220
2024
$19,459 (+1.9%)
$876,487 + $686,475
$1,562,962
2023
$19,094 (+4.7%)
$859,301 + $673,015
$1,532,316
2022
$18,233 (+1.3%)
$842,452 + $659,819
$1,502,271
2021
$18,005 (−1.0%)
$825,934 + $646,882
$1,472,816
2020
$18,182 (+4.0%)
$809,740 + $634,199
$1,443,939
2019
$17,484 (+0.6%)
$801,438 + $627,697
$1,429,135
2018
$17,377 (+2.4%)
$785,724 + $615,390
$1,401,114
2017
$16,965 (+2.4%)
$755,214 + $591,495
$1,346,709
2016
$16,572 (+1.4%)
$755,214 + $591,495
$1,346,709
2015
$16,338 (+17.4%)
$740,406 + $579,898
$1,320,304
2014
$13,915 (+157.4%)
$600,000 + $469,500
$1,069,500
2012
$5,405 (−2.8%)
$140,033 + $248,955
$388,988
2011
$5,558 (+0.8%)
$137,288 + $244,074
$381,362
2010
$5,516 (+3.5%)
$134,597 + $239,289
$373,886
2009
$5,331 (+3.9%)
$133,592 + $237,501
$371,093
2008
$5,131
$133,910 + $238,066
$371,976
Tax history for 4800 Rhodes Ave
Year
Property tax
Land + Additions
Assessment*
2025
$19,696 (+1.2%)
$894,016 + $700,204
$1,594,220
2024
$19,459 (+1.9%)
$876,487 + $686,475
$1,562,962
2023
$19,094 (+4.7%)
$859,301 + $673,015
$1,532,316
2022
$18,233 (+1.3%)
$842,452 + $659,819
$1,502,271
2021
$18,005 (−1.0%)
$825,934 + $646,882
$1,472,816
2020
$18,182 (+4.0%)
$809,740 + $634,199
$1,443,939
2019
$17,484 (+0.6%)
$801,438 + $627,697
$1,429,135
2018
$17,377 (+2.4%)
$785,724 + $615,390
$1,401,114
2017
$16,965 (+2.4%)
$755,214 + $591,495
$1,346,709
2016
$16,572 (+1.4%)
$755,214 + $591,495
$1,346,709
2015
$16,338 (+17.4%)
$740,406 + $579,898
$1,320,304
2014
$13,915 (+157.4%)
$600,000 + $469,500
$1,069,500
2012
$5,405 (−2.8%)
$140,033 + $248,955
$388,988
2011
$5,558 (+0.8%)
$137,288 + $244,074
$381,362
2010
$5,516 (+3.5%)
$134,597 + $239,289
$373,886
2009
$5,331 (+3.9%)
$133,592 + $237,501
$371,093
2008
$5,131
$133,910 + $238,066
$371,976
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
8
Baths
6
Stories
—
Lot width
—
Lot depth
—
Lot size
6,155 Sq. Ft.
Year renovated
1954
Sq. Ft.
4,109
Year built
1954
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
2356030045
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 7, 2026.
Dec 7, 2022 • Final
Plumbing
Remove and replace a water heater.
Plumbing
Water heater
Feb 25, 2020 • Final
Plumbing
Install a thermal expansion tank as supplemental work to an existing permit.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
# of Carport Spaces: 5
Assigned
Has Parking
# of Parking Spaces: 6
Interior
Laundry Information
Has Laundry
Dryer Included, Individual Room, Washer Included
Kitchen Information
Appliances: Gas Cooktop
Has Appliances
Cooling Information
Central, Wall Window
Has Cooling
Flooring Information
Carpet
Heating Information
Central Furnace, Wall Heater
Has Heating
Interior Features
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 35349
Listing Key Numeric: 2154010
Actual Rent: $876
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $876
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 35350
Listing Key Numeric: 2154010
Actual Rent: $927
Area Units: Square Feet
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 1
Total Rent: $927
Total # of Units: 1
Unit Type 3 Information
Listing Key Numeric: 2154010
Unit Key Numeric: 35351
Actual Rent: $703
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $703
Total # of Units: 1
Unit Type 4 Information
Listing Key Numeric: 2154010
Unit Key Numeric: 35352
Actual Rent: $953
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $953
Total # of Units: 1
Unit Type 5 Information
Unit Key Numeric: 35353
Listing Key Numeric: 2154010
Actual Rent: $979
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $979
Total # of Units: 1
Unit Type 6 Information
Listing Key Numeric: 2154010
Unit Key Numeric: 35354
Actual Rent: $1,326
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 2
Furnished: Unfurnished
Total Rent: $1,326
Total # of Units: 1
Expenses
Trash: $1,500
Insurance: $2,000
Water Sewer: $1,980
Electric: $1,980
New Taxes: $15,000
Gardener: $1,200
Multi-Unit Information
# of Units With Range: 6
# of Units With Disposal: 6
Net Operating Income: $48,000
Total Building Area: 4,109
Gross Scheduled Income: $70,358
Gross Income: $5,864
Gross Equity: $70,358
Laundry Equipment Own or Lease: Own
# Of Leased Units: 6
# Of Separate Water Meters: 7
# Of Separate Gas Meters: 7
# Of Separate Electric Meters: 7
# Of Buildings: 1
# of Wall AC: 4
Exterior
Exterior Features
Pool Features: None
Lot Information
Lot Size Source: Assessor's Data
Lot Features: Landscaped
Property Information
Total # of Units: 6
Common Walls: 2+ common walls
Parcel Number: 2356030045
Attached Property
Total # of Stories: 2
Year Built Source: Assessor
Financial
Assesments Information
Assessments: Buyer to Verify
Lease / Rental Details
Operating Expense: $9,205
Rent Control
Total Actual Rent: $5,763
Utilities
Utilities Information
Sewer Connected
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs
Location Information
Latitude: 34.15792500
Longitude: -118.40292400
Public facts
Beds: 8
Baths: 6.0
Sq. Ft.: 4,109
Stories: —
Lot Size: 6,155 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1954
Year Renovated: 1954
County: Los Angeles County
APN: 2356030045
Home facts updated by county records on Oct 7, 2026
Other
Listing Information
Days Active in MLS: 75
Continuous Days Active in MLS: 75
Listing Agent Information
List Agent First Name: Joan
List Agent Last Name: Duffy
Co-List Agent First Name: Daniel
Co-List Agent Last Name: Crisci
Listing Office Information
List Office Name: Wish Sotheby's International R
Co-List Office Name: Daniel Crisci
Selling Agent Information
Buyer Agent First Name: Cesar
Buyer Agent Last Name: Gonzalez
Selling Office Information
Buyer Office Name: Cesar Gonzalez Real Estate Br
Around this home
Schools
K - 12
Preschool & daycare
Riverside Drive Charter Elementary School
Charter K-5 • Assigned • 0.8mi
7/10
Walter Reed Middle School
Public 6-8 • Assigned • 1.0mi
7/10
North Hollywood Senior High School
Public 9-12 • Assigned • 1.0mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
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